My friend Jeff is a Boeing 777 pilot and has been all over the world. He may be in Dubai, Johannesburg, Frankfurt, Mumbai or Seoul in the course of a month. He was a fighter pilot assigned to an carrier in the Gulf War. Stable guy. Nothing rattles him or gets him too far from…
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Hey there fellow investor! I got tired of hearing all the chatter about the financial crisis and impending recession, so I decided it was time for a break. Time to re-connect with the beauty and serenity of the great outdoors! So I gathered up my family, and we headed out to one of the most beautiful…
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The stock market goes down 700 points in one day. The stock market surges up 1,000 points in one day. A number of world leaders have gotten together and decided to inject liquidity onto the worldwide banking system in hopes of avoiding a depression and keeping the recession short and shallow. Inflation? Deflation? Everything is…
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It seems like every day we hear of another catastrophe in the financial world. Giant institutions “too big to fail” and being bailed out, large banks are being bought out, pension and mutual funds are tottering on the brink of the abyss, and with it the futures of a lot of retirees who have worked…
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Breathtaking financial destruction. Blood running on the floors of the exchanges. Dire forecasts and high officials coming to the microphones telling the citizens that they will suffer painful and long lasting hardship if they do not immediately and without further discussion, give up an astronomical amount of money … $700 Billion to be exact ……
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